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20130104
20130112
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Search Results 75 to 89 of about 138 (some duplicates have been removed)
MSNBC
Jan 11, 2013 3:00am EST
debt ceiling showdown was an expensive game of chicken. it's estimated borrowing costs increased by about $1.3 billion in that year alone and a total of $19 billion over the next 2k5ikd. keep in mind in 2011 we didn't even breach the debt ceiling. big business, wall street, the job creators can't afford another round. these reliable republican allies are saying basically, enough is enough. even karl rove seems to have recognized republicans are in a desperate situation. in his latest "wall street journal" column he rewrites history again, claiming republican leaders never said that they were willing to put the country into default. we're seeing what's behind the curtain. the debt ceiling does not give republicans the leverage they claim to have. in fact, even claiming leverage seems to have put them in a worse position. and made the division within their own party clearer than ever. the tea party extremists seem willing to commit economic sabotage. and the more practical business-minded republicans are doing their very best to talk them right off the ledge. there's a lot more coming
FOX Business
Jan 5, 2013 2:00am EST
the currency. the idea is to avoid the debt ceiling fig so if you use that as the basis to borrow the new to say you are solvent. anybody with the iq above occoli should understand if you mintea clean that is utterly worthless other than you say so and that is the basis to borrow money, the only people crazier are those who let america barr wrote off the point*. gerri: people will stop believing your promises. not only the american people what to give them down the road. >> the government cannot just keep giving things i wish we would replay this speech by president kennedy. he is a democrat but he clearly said as part of the vision ask not what to your country can do for you but what you can do for your country. we need to raise americans to believe their responsibility is what they can do for their country. not sit and see what can my country do for me? gerri: governor cut to me it is a pleasure. you can hear much more by tuning in to his show weekend's 8:00 p.m. eastern on fox news. more on the jobs report coming up. the new congress passes a bill approving $10 billion of aid for s
ABC
Jan 6, 2013 6:00pm PST
our debt. we have to have dollar for dollar cuts. >> key democrats and say the debt ceiling and the tax cuts are unrelated. >> not going to say i'm not going to pay my bills unless you stop buying stuff. so stop buying stuff so you don't have future bills but right now we have to pea the bell for what we incur. i you want to tie it to what we do next, fine. >> the big part of the budget is getting people back to work. >> president obama has said he will not negotiate with congress on whether they should pay their bills. some republicans are now criticizing his fiscal leadership. >> what is really disappointing to me is that the president isn't generating a discussion on his own help has to be dragged kicking and screaming to the table when he have these other big issues like the debt ceiling to get him to talk about it. i wish he would lead. >> after nancy pelosi appeared on national tv it was off to her annual happy new year's celebration in san francisco. she was greeted with a roar of applause at the presidio. the meeting answers the delance si street foundation. considered the c
PBS
Jan 4, 2013 2:30pm PST
not able to get an increase in the debt ceiling. republicans have indicated this is something they are going to use as a bargaining tool. we're going to run out of money to run our country between the end of february and early march. i want to be clear that this probably doesn't mean defaulting on the debt of the united states which is as a disaster scenario. it represents about 6% of all the money we are talking about, but paychecks or stop giving tax refunds, but this is really serious business and could be quite contentious, even more so than the ceiling talks. >> this seems absolutely crazy. >> i cover markets and high not only have outside of washington, you can see the volatility of the markets, any time there is a small io, markets go up. businesses can't believe politicians in this country are going the let us get to this stage. dodge dealer expected the obama administration to try any other different economic policies? >> what you'll see in the next couple of years is the president being forced to go around congress as much as he can. >> he took portions of that and tried
WETA
Jan 4, 2013 6:00pm EST
. >> i am more worried about this fight. we were not able to get an increase in the debt ceiling. republicans have indicated this is something they are going to use as a bargaining tool. we're going to run out of money to run our country between the end of february and early march. i want to be clear that this probably doesn't mean defaulting on the debt of the united states which is as a disaster scenario. it represents about 6% of all the money we are talking about, but paychecks or stop giving tax refunds, but this is really serious business and could be quite contentious, even more so than the ceiling talks. >> this seems absolutely crazy. >> i cover markets and high not only have outside of washington, you can see the volatility of the markets, any time there is a small io, markets go up. businesses can't believe politicians in this country are going the let us get to this stage. dodge dealer expected the obama administration to try any other different economic policies? >> what you'll see in the next couple of years is the president being forced to go around congress as muc
CNN
Jan 5, 2013 7:00am PST
capitol hill confrontations over the debt ceiling are expected to get as intense if not worse. the debt ceiling is the legal limit on the nation's borrowing. in his weekly address, the president says he is taking a hard line on the issue. >> one thing i will not compromise over is whether or not congress should pay the tab for the bill they've already racked up. if congress refuses to give the united states the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic. last time congress threatened this course of action, our entire economy suffered for it. our families and our businesses cannot afford that dangerous game again. >> as you would expect, republicans are also drawing a line despite approving the fiscal cliff compromise. gop lawmakers say it was missing something monumental -- long-term spending cuts. here's a clip of their weekly address. >> the simple truth is that we are in this fiscal mess because washington takes too much of your money and then waists it -- then wastes it. that's the real problem and needs a real solution. we have to make sure washington is accountable for every ta
Current
Jan 8, 2013 5:00pm PST
the debt ceiling. there is one problem. somebody has to want to lend you money at a decent rate. that's what this is really all about. >> john: where's the money lebowski. >> yeah, if we do default on our debt, the problem is going back out into the credit markets as we do on a regular basis and say please give us more money and we really like borrowing this money at this low rate we've been borrowing at. this is a good thing. people are going to be maybe a little less interested in loaning us money at a good rate if they go wait a minute, you just told everybody who loaned to you before including us that you can't pay us. we can pay the interest but that isn't the best way to go to the credit markets isn't -- is it? >> john: trisha, when you consider this might be a feasible option for the president purely as a bargaining chip against the on stinnate republicans in the house and senate. >> i think it is a bargaining chip as long as it is very clear that he doesn't cave in to their demands and that he's willing to hold it really at bay. in other words, we have to keep the coin i
CNN
Jan 4, 2013 11:00am PST
cliff is nothing compared to blowing through the debt ceiling. here is why. the fiscal cliff was something created out of congress. it was sort of a manufactured crisis. now, the debt ceiling is for real. we come up against a borrowing limit and the government has to stop paying bills and it is a blunt instrument. i don't think either side wants to blow through the debt ceiling. i think we have to take a little bit of this blusterer with a grain of salt. what we want to take away from this whole period of time. when the government cuts spending it has a negative impact on growth. in the short run it hurts growth. if you look over in europe and austerity measures and governments pull back not so good for economic growth. when we say we want to fix the debt and deficit we have to be careful how soon and how quickly it occurs. >> kind of like after the holidays when you are feeling a little heavy you have to keep eating but you have to be a little more careful. >>> so jill gave us that news. i have other news for you, too. republicans attacking their own after speaker boehner refuses to hold a vote for aid for victims of superstorm sandy. today the vote. my next guest says this fight is a sign of, quote, civil war in the gop
FOX News
Jan 8, 2013 10:00am PST
increase in the debt ceiling, which is an authorization to borrow money is inquestionably a revenue measure, you see where the power lies. i don't think there's any case here and i don't think that the administration thinks there's a serious case. but as you said, some in congress argue that and there are some in the media say the same thing. >> megyn: it would be an interesting situation congress refusing to raise the debt limit and the president running to court or at least saying to the nation, i can do it by myself when we've had, you know, congress in the past debate this repeatedly including when then senator obama was in the senate, you shouldn't raise the debt limit, it's irresponsible, and weakens us and americans deserve more. and can't have somebody let's not raise the debt and congress says don't raise it, but i'm going to overrule because i'm the chief executive. >> it would be against what not only what he, you know, the votes he casts in congress and what he says at the time, but i think he said, you know, last year when this was under consideration that his lawyers h
Search Results 75 to 89 of about 138 (some duplicates have been removed)